[SCHEDULE 13G/A] Semtech Corp SEC Filing
Semtech Corporation (SMTC) is the subject of an amended Schedule 13G/A reporting institutional holdings by Ameriprise Financial, Inc. (AFI) and Columbia Management Investment Advisers, LLC (CMIA). AFI reports an aggregate beneficial ownership of 7,175,860 shares, representing 8.3% of the class. CMIA reports 6,883,183 shares, representing 7.9% of the class. Both reporting persons state zero sole voting and sole dispositive power and record their voting and dispositive powers as shared.
The filing lists AFI as a Delaware corporation with a Minneapolis office and CMIA as a Minnesota entity with a Boston office. AFI notes it is the parent company of CMIA and that AFI's reported total includes the shares separately reported by CMIA, though each party disclaims beneficial ownership. The signatory certifies the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
- Ameriprise reports aggregate ownership of 7,175,860 shares (8.3% of class)
- Columbia Management reports ownership of 6,883,183 shares (7.9% of class)
- Both reporting persons certify the securities are held in the ordinary course and not to influence control
- Filing provides detailed shared voting and dispositive power breakdowns for transparency
- None.
Insights
TL;DR: Two institutional filers report sizable shared stakes in Semtech while disclaiming sole control; holdings are certified as ordinary-course.
The Schedule 13G/A discloses that Ameriprise Financial, Inc. reports 7,175,860 shares (8.3%) and Columbia Management Investment Advisers, LLC reports 6,883,183 shares (7.9%). Both reporting persons indicate no sole voting or dispositive power and record voting and dispositive authority as shared, and AFI states its total includes CMIA's reported holdings while disclaiming beneficial ownership. Item 10 certification explicitly states the securities are held in the ordinary course and not to influence control. From a reporting perspective, these are material ownership amounts disclosed under Schedule 13G/A, with the filing providing clear ownership and power breakdowns.
TL;DR: Significant institutional positions disclosed, with both filers disclaiming sole control and certifying passive intent.
The filing identifies AFI and CMIA as reporting persons and provides specific shared voting and dispositive power figures: AFI reports 6,797,965 shared voting power and 7,175,860 shared dispositive power; CMIA reports 6,734,202 shared voting power and 6,883,183 shared dispositive power. The parent/subsidiary relationship is noted and an exhibit is referenced for subsidiary identification. The signatory attests the holdings were not acquired to alter control. As disclosed, governance implications are limited by the filers' disclaimers and the stated lack of sole voting or dispositive authority.